Saturday, January 8, 2011

Success Metrics Analysis

Success Metrics

Due to the campaign objectives to build brand awareness for Crate & Barrel in specific furniture retail and establish CB as a premium but affordable furniture option in minds of consumers.

These would bring the campaign into the top half of the purchase tunnel : Awareness and Consideration. Therefore, the campaign should be measured by engagement with ads, the site after viewing ads and through ad effectiveness studies


General Metrics

-        Impressions
-        Qualitative Study
-        Clicks
-        Actions (post-click pages viewed)
-        Registrations or Sign Ups
-        Leads
-        Sales



Metric for Awareness Level
          : Impressions and Qualitative Study
            Comparing CPM across media site to ensure competitive rate

Metric for Consideration Level
          : Clicks and Post-Click Actions
            Looking for Click Rate and Action Rate


Measuring Success for Display Ads
-        CPM
-        Cost-per-clicks
-        Cost-per-actions
-        Post-click activities (Research or shopping Activity)


Measuring Success for Paid Search

Clicks and Position
-        Total Clicks/ Search engine referrals
Broad match,  Phrase match, Exact match options
-        Costs-per-click and average position, by each keyword
The higher the ranking, the greater the click volume
Conversions
-        Conversions
The following through the site once they visit
-        Cost-per-conversion (Return on investment)
Costs involved in attaining conversions

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